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Filing year 2023

WACO ISD EDUCATION FOUNDATION

Waco, Texas·EIN 74-2728765·NTEE B122 · Education·501(c)(3)
Total revenue
$354k
Total assets
$6M
Total expenses
$258k
Reported officers
29
Mission

THE WACO ISD EDUCATION FOUNDATION STRIVES TO FUND CREATIVE, EDUCATIONAL PROGRAMS AND PROJECTS NOT COVERED BY SCHOOL BUDGETS OR TAX DOLLARS, THUS OUR MOTTO, "RAISING THE POWER OF EDUCATION!" MORE THAN 93% OF ALL FOUNDATION EXPENSES FUND WACO ISD CLASSROOM GRANTS AND STUDENT SCHOLARSHIPS. THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF RECEIVING AND DISBURSING FUNDS, PROPERTY AND GIFTS OF ANY KIND EXCLUSIVELY FOR THE BENEFIT OF THE WACO INDEPENDENT SCHOOL DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

Executive Director
25th percentile to median
$79k
$87k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 28 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WACO ISD EDUCATION FOUNDATION equaled 31% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
31%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WACO ISD EDUCATION FOUNDATION

What does the Chief Executive Officer of WACO ISD EDUCATION FOUNDATION earn?

In 2023, the Chief Executive Officer of WACO ISD EDUCATION FOUNDATION received $79,385 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WACO ISD EDUCATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2023 pay of the Chief Executive Officer at WACO ISD EDUCATION FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at WACO ISD EDUCATION FOUNDATION equaled 31% of the organization's total expenses. The median for education organizations is 7%.

What are WACO ISD EDUCATION FOUNDATION's revenue and expenses?

In 2023, WACO ISD EDUCATION FOUNDATION reported $354k in total revenue and $258k in total expenses on its IRS Form 990.

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